The Contribution of Technology to Added Value

Nonfiction, Science & Nature, Technology, Industrial Design, Engineering
Cover of the book The Contribution of Technology to Added Value by António S.C Fernandes, Springer London
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Author: António S.C Fernandes ISBN: 9781447150015
Publisher: Springer London Publication: February 26, 2013
Imprint: Springer Language: English
Author: António S.C Fernandes
ISBN: 9781447150015
Publisher: Springer London
Publication: February 26, 2013
Imprint: Springer
Language: English

There is a wide consensus that introduction of technology to the production process contributes to an overall economic value, however, confusion between technology, knowledge and capital often makes value calculations ambiguous and non-objective. The Contribution of Technology to Added Value addresses not only this issue of definition but also provides a production model to assess the value contribution of technology within the production process.

A clarification  of fundamental semantics  provides a significant taxonomy for technology dependence, and allows understanding and modeling of how knowledge, technology and capital individually contribute to production and to value adding. A new technology dependence taxonomy is proposed and assessed following chapters explaining growth models, the KTC model and technology index values.

Balancing theoretical knowledge with real-world data and applications The Contribution of Technology to Added Value clarifies the issue of value adding for a range of different viewpoints and purposes; from academic to industry and service across engineering, economics and management.  

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There is a wide consensus that introduction of technology to the production process contributes to an overall economic value, however, confusion between technology, knowledge and capital often makes value calculations ambiguous and non-objective. The Contribution of Technology to Added Value addresses not only this issue of definition but also provides a production model to assess the value contribution of technology within the production process.

A clarification  of fundamental semantics  provides a significant taxonomy for technology dependence, and allows understanding and modeling of how knowledge, technology and capital individually contribute to production and to value adding. A new technology dependence taxonomy is proposed and assessed following chapters explaining growth models, the KTC model and technology index values.

Balancing theoretical knowledge with real-world data and applications The Contribution of Technology to Added Value clarifies the issue of value adding for a range of different viewpoints and purposes; from academic to industry and service across engineering, economics and management.  

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